IR-News & Press

 
2020-07-01

3U HOLDING AG sells the externally leased parts of the Adelebsen site

Marburg, 1 July 2020 - 3U HOLDING AG (ISIN DE0005167902) is selling the parts of its property in Adelebsen, Lower Saxony, including the existing buildings. An agreement to this effect was signed on 30 June 2020.

As reported, income from the sale of assets has also been included in the 2020 planning. The sales proceeds will result in earnings as expected of EUR 1.5 million for 3U HOLDING AG and a net cash inflow of EUR 5.0 million. Those parts of the site that are currently held by 3U for operating a solar park will remain with the company and be used for this purpose. The roof areas still required for this will be leased back after the sale.

"Our strategic focus is and will remain cloud computing and online trading," emphasises Michael Schmidt, Speaker of the Management Board of 3U HOLDING AG. "Focusing thereon includes divesting ourselves of peripheral activities to the extent that we can create value for our shareholders. We are terminating the letting of space and buildings at the Adelebsen location, but will continue to generate electricity with our solar park, which will continue to generate pleasing and sustainable sales and earnings for us".

  

Further information:
Dr. Joachim Fleïng
Investor Relations
3U HOLDING AG
Tel.: +49 6421 999-1200
Fax.: +49 6421 999-1222
E-Mail: IR@3U.net

About 3U:
3U HOLDING AG (www.3U.net) has its headquarters in Marburg, Germany, and was founded in 1997. It is the operating management and investment holding company at the head of the 3U Group. It acquires, operates and sells companies in the three segments of ITC (Information and Telecommunications Technology), Renewable Energies and SHAC (Sanitary, Heating and Air Conditioning Technology). The 3U Group has successful and profitable business models based on megatrends in all three segments. It continues to expand its business activities dynamically, particularly in its strongest growth areas of cloud computing and online trading, in which it is striving to achieve leading positions in the market. 3U HOLDING AG’s shares are traded on XETRA, Tradegate and on the German regional stock exchanges (ISIN: DE0005167902; identifier: UUU).